Simoneau v. Northern Terminals, Inc.
Supreme Court of Vermont
1Opinion of the CourtMahady, J.
Northern Terminals, Inc. (Northern) appeals from a superior court decision awarding compensatory and' punitive damages for its failure to honor plaintiff’s preemptive right of first refusal to purchase property which plaintiff leased from Northern in Burlington. We affirm the judgment as to liability but reverse the trial court’s award of damages.
I. Background
Northern acquired the parcel in question, 315 Shelburne Road, Burlington, in 1968 and built a convenience store and service station. Northern’s gasoline supplier was Chevron U.S.A., Inc., which guaranteed the financing for Northern’s…
2Cases cited4 opinions
- Meadowbrook Condominium Ass'n v. South Burlington Realty Corp.Supreme Court of Vermont · 1989
- Eliminator, Inc. v. 4700 Holly Corp.Colorado Court of Appeals · 1984
- Sexton v. NeunSupreme Court of Vermont · 1973
- Tolman v. CarrickSupreme Court of Vermont · 1978
3Cited by1 opinion
- Cameron v. Double A. Services, Inc.Supreme Court of Vermont · 1991